US: NY Empire State index jumps to 12.51 in January

FXstreet.com (Córdoba) - The Empire State manufacturing index soared to 12.51 in January from 2.22 (revised from 0.98) the previous month, the New York Federal Reserve Bank informed Wednesday.

The increase was much stronger than expected, with forecast calling for a reading of 3.75, and marked its highest level since May 2012. Readings above zero signal expansion.